UK resident wanting to trade US stocks & options-Does any US broker offers accounts & US trade prices to Brits


Question:
I'm frustrated at the prices which UK stockbrokers charge for trades in UK and elsewhere. In the US online trades are around $7-10 whereas in UK they are £7.50 - £15. That's up to 4 times as much. If you trade often to take advantage of rapid price fluctuations, the charges will rob you of almost all your profit.

Surely there's a way to trade from the UK at US prices?

I have tried Charles Schwab, Etrade.com and Ameritrade, but none can accept a UK resident.

With thanks

Answer:
so get a us address.lcome to usa get a post office box...and have your paper trades sent there? eventually you can have all trade confirmatins and statements sent toelectronically. but you will probably have to pay us taxes ...on capital gains
Give this a shot
http://www.interactivebrokers.com/en/mai...
Try Lowtrades, I use them and only $5 per trade, also you can set up to receive everything (statements, trades, company reports etc) electronically. A satisfied customer for almost 2 years
have u tried miniCFDs from www.minicfds.com (finspreds)
the charges are lower
Hi may be I can help you here..!!

Btw all these brokers that you talking about, like CS, Etrade etc... They charge you huge.. plus they give you per trade commission structure..
Am not sure.. but I guess they charge around $7 or something per trade..

Now if you buy 100 shares, you still have to pay $7, plus they charge you on limit orders and stop orders.. etc..!!

Also they are not real time either, they are web-based with some time delay...

Go for some direct access, real time broker..

Mail me sometime.. probably I may get you good deal..

I mean.. I trade US stocks too..
I day trade... I mean am a professional proprietary trader...

Let me know..
Girish
kgirishraman@yahoo.com






Learn how to day trade for free, learn day trading free online here:
http://www.sharemarketinstitute.com/affi...
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